TIAA CREF Investment Management LLC trimmed its position in AGNC Investment Corp (NASDAQ:AGNC) by 7.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,156,108 shares of the real estate investment trust’s stock after selling 90,394 shares during the quarter. TIAA CREF Investment Management LLC owned approximately 0.33% of AGNC Investment Corp worth $24,614,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Wells Fargo & Company MN grew its position in shares of AGNC Investment Corp by 17.6% during the 2nd quarter. Wells Fargo & Company MN now owns 6,611,039 shares of the real estate investment trust’s stock worth $140,749,000 after buying an additional 987,395 shares during the period. Martingale Asset Management L P grew its position in shares of AGNC Investment Corp by 372.2% during the 2nd quarter. Martingale Asset Management L P now owns 1,042,044 shares of the real estate investment trust’s stock worth $22,186,000 after buying an additional 821,363 shares during the period. Janus Capital Management LLC grew its position in shares of AGNC Investment Corp by 4.1% during the 1st quarter. Janus Capital Management LLC now owns 1,494,078 shares of the real estate investment trust’s stock worth $29,717,000 after buying an additional 59,000 shares during the period. BlackRock Inc. grew its position in shares of AGNC Investment Corp by 5,634.5% during the 1st quarter. BlackRock Inc. now owns 30,839,279 shares of the real estate investment trust’s stock worth $613,395,000 after buying an additional 30,301,498 shares during the period. Finally, Rafferty Asset Management LLC grew its position in shares of AGNC Investment Corp by 260.5% during the 1st quarter. Rafferty Asset Management LLC now owns 60,148 shares of the real estate investment trust’s stock worth $1,196,000 after buying an additional 43,465 shares during the period. Hedge funds and other institutional investors own 56.10% of the company’s stock.

AGNC Investment Corp (NASDAQ:AGNC) traded up 0.28% during trading on Thursday, hitting $21.64. The stock had a trading volume of 4,570,551 shares. AGNC Investment Corp has a one year low of $17.30 and a one year high of $22.34.

AGNC Investment Corp (NASDAQ:AGNC) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. AGNC Investment Corp had a return on equity of 0.95% and a net margin of 15.79%. The business had revenue of $181.00 million during the quarter, compared to analysts’ expectations of $203.44 million. During the same quarter last year, the firm posted $0.73 earnings per share. The firm’s revenue was down 16.6% on a year-over-year basis. Analysts expect that AGNC Investment Corp will post $2.53 earnings per share for the current year.

Several research firms have recently issued reports on AGNC. Maxim Group restated a “buy” rating and set a $21.25 target price on shares of AGNC Investment Corp in a research report on Thursday, July 27th. BidaskClub lowered AGNC Investment Corp from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 30th. Zacks Investment Research lowered AGNC Investment Corp from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $19.00 target price on shares of AGNC Investment Corp in a research report on Tuesday, July 4th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. AGNC Investment Corp presently has an average rating of “Hold” and an average target price of $20.09.

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AGNC Investment Corp Company Profile

AGNC Investment Corp., formerly American Capital Agency Corp., is a real estate investment trust. The Company invests in agency residential mortgage-backed securities on a leveraged basis. Its investments consist of residential mortgage pass-through securities and collateralized mortgage obligations (CMOs) for which the principal and interest payments are guaranteed by a government-sponsored enterprise, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs).

Institutional Ownership by Quarter for AGNC Investment Corp (NASDAQ:AGNC)

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